META Shorting The META chart suggests a possible short opportunity based on a the resistance on the monthly timeframe. We expect it to get rejected on that uptrend line near $527. Short price targets 🎯 in descending order: $424 & $360
It's gone 12 months or so since Meta Platforms shareholders reached their breaking point in Q4'22 as the Tech giant's financial results in those times were following an increasingly questionable rebrand, from Facebook into Meta. In October, 2022 Altimeter Capital Chairman and CEO Brad Gerstner said in an open letter to the Company that Meta has too many employees...
Following the market close, Meta's earnings report will be released. While I don't bearish sentiment, my trading strategy relies on patterns. Notably, Meta has demonstrated consistent upward movement over the past 5-6 months. Interestingly, what's typically perceived as good news can sometimes result in negative market reactions, and vice versa. This trend...
REASONS WHY !! AI Integration and Advancements: Meta has been prioritizing the integration of artificial intelligence across its applications, which has played a crucial role in the company’s rally2. The market has responded positively to Meta’s efforts in developing and monetizing AI applications, leading to a boost in the stock price. 2. Digital Advertising...
NASDAQ:META Implied move for earnings today... 452 - 538 ... this is not a full analysis, just what the options are saying for the earnings move!! GL y'all...
If you haven`t sold META when ARK did that: nor bought the META before the previous earnings: Then analyzing the options chain and the chart patterns of META Platforms prior to the earnings report this week, I would consider purchasing the 480usd strike price Calls with an expiration date of 2024-5-3, for a premium of approximately $24.80. If these options...
Meta will likely drop into the green box. It's a confluence of the September 21 high point, the daily MA-50, and the Fibonacci 0.618 retracement. I think it will bounce there and continue its upward trajectory afterwards.
Would short it if I could carry the margins required...
As of April 17, 2024, NASDAQ:META is trading right at the yellow trendline as shown on the chart. A breakdown below this trendline would suggest further decline another 8%, to around $450
NASDAQ:META is losing momentum. Oscillators are currently trending down. The company better bring a blowout quarter on April 24th ER or it risks filling the gap and checking back to that multi-year trendline. 👀
Meta Platforms Inc. is ramping up its efforts to compete with AI industry leader OpenAI by launching early versions of its latest large language model, Llama 3, and a real-time image generator. These advancements are part of Meta's strategy to enhance its presence in the AI space, integrating these technologies into the Meta AI virtual assistant. This assistant...
The 10D chart continues to show significant signs of breakdown after the 13 count. The next 10D candle begins on Friday 4/26. This candle looks to be the start of another leg down towards the 20d SMA around $400. Easy money here. a $100 Move from $500 to $400. Good Luck out there.
Meta is looking like its in phase c of a #wyckoff Distribution top. A Large Ripsaw is at play with a low at 70. #meta NASDAQ:META #facebook #stockmarket #investor
9-13 Reversal Possible. If Price Action remains stable, the 13 count 10D candle will end on Thursday, April 11th. For now, stay patient while price chops around this area. Loses $500, will head for 480s. Hourly suggests a pullback to $498 based on MACD plateau.
Based on my graphic analysis I observe a bearish projection reaching minus 11% in the price of this corporation, that is; from $481 it will drop to $427. With a buy exit emerging at $523, it is worth remembering that the exact time the decline will take is unpredictable, the market will simply do its job. We can mention that it will happen within the next 15-20...
Rebalancing a gap from February earnings. Retrace continuation outside of top side range. +EV
Buying NASDAQ:META and NASDAQ:NVDA : Balancing Risk and Reward Despite the recent market downturn, the long uptrend and strength of Meta and Nvidia remain intact. While short-term market fluctuations may present challenges, the long-term growth potential of Meta and Nvidia outweighs the current market volatility. Risk-Reward Profile: While investing in any...
Big week ahead for NASDAQ:META Q1 Earnings out Wednesday after market close 🕖 Will they beat or miss earning? 🤔 Will the earnings gap get filled?